INDUSTRY NEWS Wilton Engineering Named in Major National
Business Scaleup Report Wilton Engineering has been recognised as one of Tees Valley’s leading scaleup businesses in a major national report.
According to Scaleup Institute’s ‘ScaleUp Annual Review 2019’, Wilton has been named in the region’s top five visible scaleup businesses in terms of both employee growth and turnover growth.
The company is highly active in the offshore energy and defence sectors providing multi-disciplinary engineering services from its 54- acre facility on the banks of the River Tees. It has built a reputation for the delivery of complex steel fabrications for industries such as offshore wind, oil & gas and subsea.
The report names Wilton among 255 scaleup businesses in the Tees
Valley, which are enterprises with an average annual growth in employees or turnover greater than 20 percent per annum over a three-year period.
The Scalup Institute is a private sector, not-for-profit company focused on making the UK the best place in the world to scale up a business. Its Annual Review provides a comprehensive picture of the national scale-up landscape created in collaboration with the Office of National Statistics, using detailed research undertaken in the UK regions.
Bill Scott OBE, Chief Executive of Wilton Engineering, said: “The growth we have achieved demonstrates that there is still a market for expert engineering businesses with the facilities, experience and capabilities to deliver large scale, complex projects
Cougar “Ideal Choice” for Africa Subsea
Operations – Russelsmith In a bid to boost its offshore deep water operations, RusselSmith, a Nigeria-based oilfield services provider, has chosen Saab Seaeye’s Cougar XT electric underwater robotic vehicle to boost its ROV fleet.
“The Cougar is an ideal choice,” says RusselSmith CEO, Kayode Adeleke. “It is a powerful, highly manoeuvrable and capable ROV and we believe it will add a lot of value to our subsea operations.”
RusselSmith sees the Cougar meeting its current and projected subsea undertakings which include inspection, repairs, maintenance, light construction work and drill support.
For them, the Cougar’s size to power
ratio is an important benefit. “Its small footprint makes it easy to mobilise and operate from smaller vessels, bringing significant savings in terms of time and cost. This will be of great benefit to our customers,” declares Effiong Okwong, RusselSmith’s Director for Solutions & Market Development.
As a leading provider of integrated oilfield and pipeline services to the oil and gas industry in Africa, RusselSmith is set to fully exploit the technological potency of the Cougar XT.
A key feature of the 2000m rated Cougar XT is its unrivalled power and manoeuvrability whilst handling a wide range of heavy tooling and sensors, that comes from its six powerful thrusters, each interfaced to a fast-acting control system that
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gives a greater control and response than can be found in any other robotic vehicle of its class on the market.
RusselSmith’s package from Saab Seaeye includes a tether management system (TMS) for the Cougar and an ‘A’ frame launch and recovery system (LARS) upgraded to Zone II, together with a 20ft combined control cabin and workshop.
for industries including offshore wind, subsea and marine defence.
“We are proud to be named in the Scaleup Institute’s Annual Report among some other excellent businesses that are part of a strong community of UK entrepreneurial, private sector companies, which are determined to deliver growth through constant innovation along with a commitment to quality and exceptional service.”
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